There sure are a lot of terms being thrown around lately as to Foreclosures and other types of distressed real estate for sale.  These short explanations might be ofSanta Clarita short sale help assistance to the "novice or veteran Foreclosure Hunter".

  • Pre-Foreclosure - Usually a home that is in some status of Foreclosure.  Could be a Short Sale where the owner is behind on payments.  It could be a property where a Notice of Default (NOD) has been filed - after three months of non-payment usually.
  • Real Estate Owned - A line item on a Bank's Accounting Sheet - REO, is a property that is Bank Owned and that has completed the foreclosure process and is back in the bank's possession.
  • Bank Owned - See Above - Real Estate Owned.
  • Foreclosure - Any property that has completed the Foreclosure Process.  does not matter whether it is investor owned, multiple investor owned, bank owned and does not indicate ownership of any kind.  It simply means the property in question has completed the Foreclosure Process.
I hope this clears up some of the misconceptions about Foreclosures and Distressed Real Estate For Sale.

Your New Foreclosures alert, Paris911's Pre-Foreclosure Alert for Santa Clarita Valley CA, found a match.

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Preforeclosure 102006 24526 MONTEVISTA CIR VALENCIA 91354 CA CND 1517 3 3.00 03/16/2012 $297,259.00 $430,361.00

Preforeclosure 37420721 27934 DICKASON DR 39 VALENCIA 91354 CA CND 1349 2 2.00 03/16/2012 $264,835.00 $19,695.00

Preforeclosure 512747093 18028 SARATOGA WAY 556 SANTA CLARITA 91387 CA CND 848 2 2.00 03/16/2012 $141,797.00 $288,801.00

Preforeclosure 513148136 26754 CLAUDETTE ST 434 CANYON COUNTRY 91351 CA CND 1107 3 2.00 03/15/2012 $168,692.00 $5,348.00

Preforeclosure 500585614 25815 NASHUA WAY VALENCIA 91355 CA SFR 1314 3 2.00 03/16/2012 $333,370.00 $431,796.00

Preforeclosure 507445931 27215 LAKEHURST AVE SANTA CLARITA 91351 CA SFR 1813 4 2.00 03/16/2012 $329,938.00 $279,445.00

Your New Foreclosures alert, Paris911's Santa Clarita Bank Owned Real Estate Alert, found a match.

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Bank Owned 40525452 27386 COLDWATER DR VALENCIA 91354 CA SFR 1962 3 3.00 11/23/2011 $379,278.00 $411,560.82

Bank Owned 23815864 25426 VIA DONA CHRISTA VALENCIA 91355 CA SFR 2289 5 3.00 11/23/2011 $480,549.00 $350,000.00

Bank Owned 23971439 28536 ROCK CANYON DR SAUGUS 91390 CA SFR 3265 4 4.00 11/23/2011 $528,085.00 $663,276.11

Bank Owned 975574b 20356 CEDARCREEK ST CANYON COUNTRY 91351 CA SFR 1240 3 2.00 11/23/2011 $255,733.00 $250,000.00

Bank Owned 46117698 20099 CRESTVIEW AVE SANTA CLARITA 91351 CA UNK 11/23/2011 $0.00 $213,920.24

Your New Foreclosures alert, Paris911's Auction Alert for Santa Clarita Valley, found a match.

Stage Radar ID Street City Zip State Type Sq Ft Beds Baths Sale Date Est. Value Est. Bid

Auction 36021148 25720 ARMSTRONG CIR F STEVENSON RANCH 91381 CA CND 1644 3 3.00 12/13/2011 $314,235.00 $10,502.00

Auction 23776648 27152 CABRERA AVE SANTA CLARITA 91350 CA SFR 1435 4 2.00 12/09/2011 $324,298.00 $555,754.00

Auction 23812097 14806 BEGONIAS LN SANTA CLARITA 91387 CA SFR 2078 4 3.00 12/08/2011 $407,215.00 $362,404.00

Auction 311106 20001 CANYON VIEW DR SANTA CLARITA 91351 CA COM 1240 3 2.00 12/09/2011 $173,747.00 $251,477.00

Auction 23970391 22802 TAMARACK LN SANTA CLARITA 91390 CA SFR 1592 3 3.00 12/08/2011 $329,556.00 $264,657.00

Auction 44437322 28595 HERRERA ST VALENCIA 91354 CA CND 1630 3 3.00 12/08/2011 $334,533.00 $354,346.00